SL Green Realty, National Pension Service Of Korea & Hines Secure $1.25B Loan For Mixed Use Property At 1 Madison Avenue
1 Madison Avenue
Mixed-use
1,400,000 SF
1,400,000 SF
Financed 1 year ago
Summary
1 Madison Avenue, located in the Flatiron market, was involved in a closed property transaction. The mixed-use asset was financed by Wells Fargo, TD Bank, Goldman Sachs, Bank of America, Deutsche Bank, and Axos Bank, with a loan amount of $1,250,000,000. The property has a total square footage of 1,400,000 and is owned by SL Green Realty, National Pension Service of Korea, and Hines.
Summary of transaction details
- Property Type: Mixed Use
- Transaction Amount: $1,250,000,000
- Address: 1 Madison Avenue
- Market: Flatiron
- Lenders: Wells Fargo, TD Bank, Goldman Sachs, Bank of America, Deutsche Bank, and Axos Bank
- Landlords: SL Green Realty, National Pension Service of Korea, and Hines
- BSF: 1,400,000
The deal involved Andrew Mathias, David Solomon, and Marc Holliday. Andrew Mathias, David Solomon, and Marc Holliday represent the respective parties in the transaction.
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1 Madison Avenue
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